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Tips for Dealing with an Estate OUT of Town

Tips for Dealing with an Estate OUT of Town

Tips for dealing with an estate from OUT OF TOWN

This is Brad from ProbateResource.com. At ProbateResource.com, we’re a real estate solutions company that specializes in dealing with probate and inheritance properties even if you are out of town. We’ve developed ProbateResource.com and our YouTube channel, ProbateResource, to serve as a comprehensive resource for all your probate-related questions and needs.

Today we are going to discuss dealing with an estate from out of town. We often hear from executors or administrators of estates who are interested in selling a property but do not live near the property. They could be located far away, or even in a different state. Just yesterday, we sold a property that we had purchased from an estate. The property was in Georgia, where I live, but it was on the opposite side of town, about an hour and a half drive from our office. The executor who sold us the property lived in Illinois and needed assistance with the estate due to the distance.

Thankfully, their probate attorney had prepared all of their probate documents correctly, and we were only waiting on one more document. Although they hadn’t used one of our recommended attorneys, they had hired a probate attorney locally in Georgia to assist with the estate probate, and they managed to obtain their probate letters just about a week before we closed.

Streamlined Process

We were aware from the beginning that they were still missing one document that needed clarification. This is a common occurrence, so don’t let it deter you.

Seasoned in the real estate arena, we understand the intricacies of closing deals. Occasionally, we may require additional documentation, and we’re happy to accommodate those needs. Our contracts are designed with flexibility in mind, allowing for adjustments to closing dates if necessary.

Recently, we purchased a house from an executor in late February, renovated it, and successfully sold it to an eager buyer. This charming property will now serve as a family home for a young couple starting their journey together.

Many people reach out to us believing they need to physically see and experience a property before making a decision. We understand the sentiment, especially if you have the luxury of time, like some retirees do. However, the majority of our clients are extremely busy individuals with demanding lives.

Executor Out of State? No Problem – We’ve Got You Covered

Dealing with the estate from out of town is seen as a burden. Here’s a great example: when my grandmother passed away, my dad was the executor of her will. At that time, he was living in Florida due to a job transfer. So, he had to handle my grandmother’s estate while he was in Florida.

In one instance, a crucial document needed attention while he was on a business trip. His solution? Appointing a temporary executor, a Georgia-based relative, to complete the task.

This approach, appointing a temporary executor, is a viable option. Consult your probate attorney for guidance, or tap into our extensive network of trusted probate attorneys at ProbateResource.

We understand the complexities of estate administration and offer support every step of the way, making the process smooth and efficient, no matter where you reside.

Need local assistance? 

We’re happy to connect you with trusted professionals. Remember, leveraging local resources is key. In today’s digital age, physically visiting a property isn’t always necessary.

Online platforms can connect you with trusted individuals, whether acquaintances or strangers, who can assess the property on your behalf. Finding someone reliable is crucial.

Fortunately, we have an extensive network of trusted partners across the US. These “boots on the ground” can inspect properties, capture photos and videos, install lockboxes, and even manage access – tasks we regularly handle for sellers.

Our comprehensive service includes weekly property checks, ensuring everything remains in order. We even facilitate secure key transfers through lockboxes, providing convenience and peace of mind for all parties involved.

So, relax and let us handle the logistics. Our network and expertise ensure your property is in capable hands, no matter where it’s located.

Selling Your Inherited Property?

Real estate agents are a great resource for handling property sales, especially if you’re selling traditionally. They can often take care of many tasks, including property checks and access coordination. If you’re interested in this route, we can connect you with probate and inheritance specialists in your area from our nationwide network.

These agents can be invaluable for managing property access. For example, they can meet potential buyers at the property, unlock doors, and even arrange for lockbox installations. Lockboxes are a convenient and inexpensive way to ensure access without relying on neighbors or coordinating schedules.

These secure boxes, available at most hardware stores, offer a safe place to store keys, making the process of showing the property smoother and more efficient.

Whether you’re selling through an agent or directly to an investor like us, we’re here to help you navigate the process and ensure a stress-free experience.

Please remember the following instructions:

Put a key in a secure location so that someone who needs access to the house can get in. You may also have other local legal matters to handle, such as dealing with probate. It’s advisable to work with a probate attorney for this. In some states, it’s not necessary to work with a probate attorney, as you can handle the probate process yourself.

Probate Attorneys

When dealing with an out of town estate, it’s best to work with a probate attorney who can represent you in court.

Nowadays, many states and localities allow you to be sworn in as an executor or administrator via a Zoom call, so you can handle everything remotely. If you’ve inherited property out of town and are worried about managing it, there are resources available to help you without having to travel there. You can rely on a network of trusted individuals to inspect the property on your behalf.

Tips For Out Of Town Estates

If you’ve inherited an empty property, contact your insurance provider to ensure you have vacant dwelling coverage. Standard homeowners insurance often excludes coverage for empty properties after a certain period, leaving you vulnerable to potential damage.

Vacant dwelling insurance provides crucial protection against unforeseen events while the property is unoccupied.

To further safeguard your investment, turn off the main water supply to prevent leaks or burst pipes. If the property has a well pump, ensure it’s also turned off to avoid unnecessary water flow.

Additionally, during winter months, take precautions to winterize the property, preventing frozen pipes and potential water damage.

By following these simple steps, you can protect your inherited property and ensure peace of mind, even from afar.

Let’s Connect

If you’re interested in discussing how we can assist with your property – whether you want to sell it and receive a cash offer, or if you need a referral to one of our excellent real estate agents – we are here to help! As I mentioned previously, we have a network of agents all across the US who specialize in probate inheritance. We can either make a cash offer on your property or connect you with one of our agents. Visit our website at ProbateResource.com.

If you are watching this on YouTube, you can click on the link below. It will take you to our website where you can find a form to fill out, or you can call us using the phone number at the top of the page. Whether you choose to submit the form or give us a call, a member of our team will get in touch with you as soon as possible. We hope to assist you with your property needs.

Thank you for watching this video. I’m Brad with ProbateResource.com.

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